What is a Private Limited Company?A private limited company is a joint stock company Indian Companies Act2013or stabilizer under any other Act In this model, the founders of the company themselves set up the company on their own.Whose minimum capital is ₹100000At least 2 people are required to open a private limited company And a private limited company can have a maximum of more than 200 employees.to a private limited company its shares to the public or There is no permission to sell among the general public.If that company has all these specialties then So you have to use Private Limited at the end of your name.
- What are the characteristics of a private limited company?
In a private limited company, there is a limit on the number of shareholders or members of the company.That is why if there is any loss to the company in future, then the members of the company can compensate for their loss by selling the dream shares.Because even if there is a loss, there is no risk on personal shares.A private limited company has an existence of its own in the eyes of law.Because of which even after the death of its founding managers his identity remains If the members of the company die or the company becomes Bancroft Still the company will keep adjusting forever As can be in private limited company from minimum 200 members and two directors.
Company If we talk about the advantages of Private Limited Company then It can be started by only two people The same 7 people are needed to open a public limited company.Also, there is no need to index your members in a private limited company.e.g. email id, phone number and value of shares And to give loan to its directors in a private limited company, the permission of the is not required.But it is mandatory to take the approval of the government in a public limited company.There is no prescription on salary and appointment in a private limited company.and a private limited company like a public limited company Your prospectors don’t have to do Jesus Because a private limited company cannot send its shares to the public.That’s why it is not necessary to tell the public about yourself.For information, you can know that prospectors are documents that In which all the information about the company such as Who is the director of the company What is the profile of the company How much money is invested in the company and all other information
- How to start a Private Limited Company?
If you want to start a company to do business then Register your company as a private limited can get Things to keep in mind while registering While registering, it is important to take care of the documents and many precautions because if there is a small mistake in the registration then you will have to face a big loss.
What are the important rules of starting a Private Limited Company?
Director runs the company Whenever we hear about high profile definitions like CEO Founder Director So things seem so faceted to us But if you are doing business then these definitions can also be associated with your name.Minimum two directors are required to form a private limited company.in which you can be yourself and And the other person is a family member or a friend of yours It can also be your business partner As directors of you company, you will definitely take care of two things.The first thing is that every director has his own identity i.e. DIN ie Identification Number.Which will give you the Ministry of Corporate affairs And secondly, one of the two directors should be a citizen of India.
Name is also required for registration
This is a very basic thing that for anything its name is its identity.That’s why before stabilizing the company, you need a name.but have to keep When thinking of the name of a private limited company, three things is important such as the main name of the company what is the work of the company What kind of activities does this company do Use of private limited company at the end of the name You have to put a lot of mind even while thinking about the name of the company.because the registrar of companies 5 to 6 names have to be sent Because no other company of the same name can be registered Or else your company name should not match with the name of other company.
It is also necessary for the company to have a registered office address.
When you go to the Ministry of Corporate Register Affairs Submit application for registration Then an office register address will also have to be given for your private limited company.So it is necessary to give office address so tell the where is your company from what is its location Where else will people communicate with you as well as any document So that for any document courier it is necessary to have a legal address as well.
digital signature certificate
To form a private limited company, it is also necessary to take a digital signature certificate.Digital Signature Certificate is equivalent to Paper Signature Certificate Which is your company’s digital proof of identity With which you can prove your identity online or on the Internet Because we sign the physical documents by hand.But on a digital form, a digital signature has to be put on the form.Digital Signature indicates that the signature made by the company is genuine
what documents will be needed
What are the low comments required to form a private limited company?and i want pan card and passport Apart from this Ration Card Aadhar Card and Voter ID Card Or you will have to show one of the driving license Bank statement for residential proof or Then it is necessary to have electricity bill Wherever you are opening the office, there is the Northlines Agreement NOC senti dead from property owner Must have deed or property deed
To open a private limited company, you will have to pay a registration fee, which is of many types.2000 to get digital certificate ₹ 1000 for Director of Identification Number and₹2500 stamp dutyNotary fee from 500 to 1000 rupees12 so government fee and 18% GST looks like And for doing all this work, CA Lawyer or other professions charge separately.So if it is estimated then the maximum cost comes to 15000.If all your documents are ready, then it will take you a week to do this work.Ever since its single form in the Minister of Corporation’s office All these tasks have become easier since the introduction of a single application form.